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Mitsui Mining and Smelting Co (Mitsui Mining and Smelting Co) Days Inventory : 112.27 (As of Dec. 2023)


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What is Mitsui Mining and Smelting Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mitsui Mining and Smelting Co's Average Total Inventories for the three months ended in Dec. 2023 was $1,165 Mil. Mitsui Mining and Smelting Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $947 Mil. Hence, Mitsui Mining and Smelting Co's Days Inventory for the three months ended in Dec. 2023 was 112.27.

The historical rank and industry rank for Mitsui Mining and Smelting Co's Days Inventory or its related term are showing as below:

MMSMY' s Days Inventory Range Over the Past 10 Years
Min: 77.79   Med: 95.82   Max: 118.9
Current: 117.63

During the past 13 years, Mitsui Mining and Smelting Co's highest Days Inventory was 118.90. The lowest was 77.79. And the median was 95.82.

MMSMY's Days Inventory is ranked worse than
70.82% of 449 companies
in the Conglomerates industry
Industry Median: 73.36 vs MMSMY: 117.63

Mitsui Mining and Smelting Co's Days Inventory declined from Dec. 2022 (123.28) to Dec. 2023 (112.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsui Mining and Smelting Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.81.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Mitsui Mining and Smelting Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.02.


Mitsui Mining and Smelting Co Days Inventory Historical Data

The historical data trend for Mitsui Mining and Smelting Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitsui Mining and Smelting Co Days Inventory Chart

Mitsui Mining and Smelting Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.29 103.93 119.41 121.89 119.93

Mitsui Mining and Smelting Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 123.28 119.40 120.56 117.96 112.27

Competitive Comparison of Mitsui Mining and Smelting Co's Days Inventory

For the Conglomerates subindustry, Mitsui Mining and Smelting Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsui Mining and Smelting Co's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsui Mining and Smelting Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mitsui Mining and Smelting Co's Days Inventory falls into.



Mitsui Mining and Smelting Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Mitsui Mining and Smelting Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1496.693 + 1318.602) / 2 ) / 4284.076*365
=1407.6475 / 4284.076*365
=119.93

Mitsui Mining and Smelting Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1147.059 + 1182.958) / 2 ) / 946.906*365 / 4
=1165.0085 / 946.906*365 / 4
=112.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mitsui Mining and Smelting Co  (OTCPK:MMSMY) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mitsui Mining and Smelting Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Mitsui Mining and Smelting Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Mitsui Mining and Smelting Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Mitsui Mining and Smelting Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsui Mining and Smelting Co (Mitsui Mining and Smelting Co) Business Description

Traded in Other Exchanges
Address
1-11-1 Osaki, Gate City Ohsaki, West Tower, 19th Floor, Shingagawa-ku, Tokyo, JPN, 141-8584
Mitsui Mining and Smelting Co Ltd (Mitsui Kinzoku) is a Japanese company which primarily supplies and produces metals for manufacturers of both automobiles and telecommunications devices. The company is split across four segments: Engineered Materials, within which Mitsui Kinzoku supplies catalytic converters, battery materials, and copper foil used in microelectronics; Metals, which involves mining, smelting, and recycling copper and zinc; Automotive Parts and Components, which principally manufactures door-related automotive parts; and Affiliates Coordination, which includes perlite, die-casting, and engineering projects. Whilst Mitsui Kinzoku derives the majority of revenue domestically, the company operates in several overseas markets, notably the United States and mainland Asia.

Mitsui Mining and Smelting Co (Mitsui Mining and Smelting Co) Headlines

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